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| Stewart Hall |
Public Policy Holding Company reported that first-half revenues grew 8 percent to $71.1M, while net income rose 4 percent to $13.2M.
Organic growth ticked upward by 1.2 percent.
CEO Stewart Hall noted that PPHC began its international push during H1 via the acquisition of Pagefield in the UK.
PPHC, which views itself as a “natural consolidator” of firms, sees attractive government relations and strategic communications acquisition opportunities in the US, UK and Continental Europe.
Hall said PPHC is well positioned “to benefit from increasing demand for their services as new governments and administrations are formed around the world, this year and next.”
Headquartered in Washington, PPHC’s operating companies include Seven Letter, Crossroad Strategies, Forbes Tate Partners, O’Neill & Assocs., Concordant, MultiState Assocs., Alpine Group Partners, Lucas Public Affairs and KP Public Affairs.
PPHC trades on the London Stock Exchange.
WPP shares have been dropped from the London Stock Exchange’s prestigious FTSE 100 index as its stock market price has plunged by two-thirds this year.
Public Policy Holding Company registered 23.8 percent Q3 growth to $48.8M, with organic growth contributing 4.5 percent and the balance driven by merger & acquisition activity.
Publicis Groupe reported 3.1 percent in Q3 growth to $4B, sparked by a 3.6 percent jump North America, its biggest market.
WPP suffered a 10.2 percent drop in 1H revenues to $6.7B and a 47.8 percent plunge in operating profit to $297M.
Interpublic reported Q2 net revenues dropped 6.6 percent to $2.2B and operating income tumbled 23.4 percent to $243.7M. 
